Shenzhen Huaqiang Industry Co., Ltd. operates within the Electronic parts and equipment sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shenzhen Huaqiang Industry Co., Ltd. with three other
companies in this sector in CHINA :
Gigadevice Semiconductor Beijing Inc
sales of 4.50 billion Chinese Renmimbi [US$693.87 million]
of which 100%
was Integrated circuits and services),
Wuhan P&S Information Technology Co Ltd
(10.36 billion Chinese Renmimbi [US$1.60 billion]
of which 96%
was IC Component Sales Agent), and
GoHigh Data Networks Technology Company Limited
(7.02 billion Chinese Renmimbi [US$1.08 billion]
of which 71%
was IT Sales).
Sales were up sharply during the first
quarter of 2021 versus the previous year's first quarter.
During the first
quarter of 2021, sales at Shenzhen Huaqiang Industry Co., Ltd. totalled
4.64 billion Chinese Renmimbi.
an increase of 63.4%
from the 2.84 billion Chinese Renmimbi in sales at the company during the first quarter of 2020.
During the previous 22 quarters, sales at Shenzhen Huaqiang Industry Co., Ltd. have increased compared with the same quarter in the previous year.
During the year ended December of 2020, sales at
Shenzhen Huaqiang Industry Co., Ltd. were 16.32 billion Chinese Renmimbi (US$2.52 billion).
increase of 13.7%
versus 2019, when the company's sales were 14.36 billion Chinese Renmimbi.
This was the fifth consecutive year of sales increases at Shenzhen Huaqiang Industry Co., Ltd.
(and since 2015, sales have increased a total of 729%).
Sales of Other Property Management saw an increase
that was more than double the company's growth rate: sales were up
105.0% in 2020, from
245.09 million Chinese Renmimbi to 502.39 million Chinese Renmimbi.
Not all segments of Shenzhen Huaqiang Industry Co., Ltd. experienced an increase in sales in 2020:
sales of Offline Electronic Components and Termin fell 3.3% to 449.98 million Chinese Renmimbi.
(However, this segment's sales were only a very small portion of the company's overall sales).